GIGALANE Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023
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GIGALANE Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 10,644.41 million compared to KRW 11,502.18 million a year ago. Net loss was KRW 2,124.04 million compared to KRW 636.09 million a year ago. Basic loss per share from continuing operations was KRW 25 compared to KRW 8 a year ago. Diluted loss per share from continuing operations was KRW 25 compared to KRW 8 a year ago. Basic loss per share was KRW 25 compared to KRW 8 a year ago.
For the six months, sales was KRW 24,769.41 million compared to KRW 23,581.26 million a year ago. Net loss was KRW 2,275.85 million compared to KRW 2,846.68 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to KRW 36 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to KRW 36 a year ago. Basic loss per share was KRW 27 compared to KRW 36 a year ago.
GIGALANE Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of radio frequency (RF) communication components and semiconductor equipment. The Company operates its business through three divisions: RF communication component division, semiconductor equipment division and other business division. Its RF communication component division engages in the manufacture of RF cable assemblies and RF connectors used for smart devices under the brand names of SCMP, SCMJ and others. Its semiconductor equipment division provides light-emitting diode (LED) and deep reactive ion etching (DRIE) etcher parts used for semiconductors. Its other business division provides inspection components, including probe cards and probe units. The Company distributes its products within domestic market and to overseas markets.
GIGALANE CO.,LTD. 
